Business

Might hackers ‘brainjack’ your recollections in future?

Picture copyright Getty Photos Picture caption Might applied sciences of the longer term permit hackers into treasured corners of our minds? Think about having the ability to scroll by means of your recollections like an Instagram feed, reliving with vivid particulars your favorite life moments and backing up the dearest ones. Now think about a dystopian model of the identical future during which hackers hijack these recollections and threaten to

Ren Zhengfei: Huawei’s reclusive founder

Picture copyright AFP/Huawei Picture caption Ren Zhengfei is one in every of China’s richest businessmen When Huawei’s founder and president Ren Zhengfei began his agency again in 1987 with simply 21,000 yuan – the equal of about $6,600 at the moment – little did he know his creation would develop to turn out to be a telecoms large and make him one of many richest individuals on the earth. Along

Honda set to shut Swindon automobile plant

Picture copyright Getty Photographs Japanese carmaker Honda is ready to announce the closure of its Swindon plant in 2022, placing three,500 jobs in danger, sources say. The Japanese carmaker will shut the plant in 2022 however retain its European headquarters in Bracknell, Berkshire. Sources say Honda will make an announcement on the way forward for the corporate on Tuesday morning. Honda declined to touch upon the claims which have been

Flybmi will not be the final airline failure, say analysts

Picture copyright Getty Pictures Picture caption Flybmi’s demise will not be the final airline to break down, analysts say In two brief sentences, Flybmi’s announcement that it had collapsed summed up the airline business’s woes: gasoline prices, inexperienced taxes, Brexit uncertainty, falling passenger numbers. It may need added fierce competitors, however that’s most likely an announcement of the apparent. A number of European airways have folded or hit monetary bother

Balmoral Tanks loses ‘price-fixing’ courtroom case

A number one oilfield providers agency in Aberdeen has misplaced its courtroom battle to keep away from a tremendous for illegally exchanging pricing data with rivals. A division of Balmoral Group was fined £130,000 two years in the past by the Competitors and Markets Authority (CMA). It was a part of a a lot greater price-fixing scandal, by which three different firms had been fined £2.6m between them. Balmoral Group

Late-paying massive corporations ‘ought to get public contract bans’

Picture copyright Getty Photos Picture caption The FSB says 36% of small companies in Scotland have suffered cashflow points due to late funds Large corporations who pay their suppliers “unacceptably late” ought to be banned from getting public contracts, small enterprise leaders have claimed. The Federation of Small Companies needs corporations to show prematurely that they’re “accountable” payers. It has known as on the Scottish authorities to withhold devolved contracts

Huawei threat could be managed, say UK cyber-security chiefs

Picture copyright Reuters Picture caption Huawei has stated it’s unbiased and provides nothing to Beijing, except for taxes Any attainable safety threat posed to the UK by Chinese language telecoms big Huawei could be managed, cyber-security chiefs have stated. The UK’s Nationwide Cyber Safety Centre’s resolution undermines US efforts to steer its allies to ban the agency from 5G communications networks. The Chinese language authorities is accused of utilizing Huawei

Shops accused of ‘watering down’ bottle deposit scheme

Picture copyright Getty Photos Picture caption Bottle deposit schemes had been launched in some international locations a long time in the past Massive retailers have been accused of attempting to water down a proposed scheme to enhance charges of bottle recycling. Environmentalists say massive and small drinks containers alike ought to carry a catch-all deposit of greater than 15p. However retailers say small “on-the-go” bottles trigger most litter, whereas massive

Saudi Arabia indicators $20bn in offers with Pakistan

Picture copyright Getty Photographs Saudi Arabia has signed funding offers price $20bn (£15.5bn) with Pakistan, because the south Asian nation seems to bolster its fragile economic system. It comes as a part of a high-profile Asian tour by the dominion’s Crown Prince Mohammed bin Salman. Pakistan urgently wants to handle a steadiness of funds disaster and is trying to worldwide backers for assist. The offers embrace an $8bn oil refinery

NatWest employee informed buyer ‘vegans must be punched’

Picture copyright Getty Photos Picture caption NatWest apologised and mentioned it had began disciplinary proceedings towards the worker A buyer who referred to as a financial institution to use for a mortgage was informed “all vegans must be punched within the face”. The Bristol girl, who didn’t wish to be named, went to NatWest for a mortgage to pay for a £400 diet diploma. The appliance was rejected however after